Here are some noteworthy cleantech announcements of the day from around the world:

Reliance New Energy Solar (RNESL) is purchasing 18.4 million Sterling & Wilson Renewable Energy (SWREL) shares in an off-market deal. Reliance will acquire the shares at ₹375 (~$5.04) per share. This brings the value of the transaction to ₹6.9 billion (~$92.82 million). It now holds 25.16% of the total paid-up equity share capital of SWREL. SWREL recently approved an allotment of 29.3 million shares at ₹375 (~$5.04) per share. In October, Reliance agreed to buy a 40% stake in SWREL in a series of transactions, including the preferential allotment of shares, an acquisition from Shapoorji Pallonji and Co, and an open offer.

JinkoSolar Holding said the pricing of the principal operating subsidiary’s proposed initial public offering (IPO) in China would be announced on January 13. Jinko Solar is preparing to list on the Science and Technology Innovation Board of the Shanghai Stock Exchange. A roadshow among potential investors will be held between January 7 and January 11, with the issuance and subscription date set for January 17, 2022. The deal will see Jiangxi Jinko issue 2 billion shares representing around 20% of the total 10 billion shares outstanding after closing. The IPO share placement and allocation are expected to be confirmed on January 20. The final IPO results will be available on January 21.

Industrial electrolysis company Sunfire GmbH will receive €60 million (~$67.82 million) from the German government to develop solid oxide electrolyzer cell (SOEC) technology and the production of pressurized alkaline electrolyzers at an industrial scale. The grant is provided by the Federal Ministry of Education and Research as part of the H2Giga project. Around €33 million (~$37.30 million) of the financing will be distributed to 15 partners led by Sunfire to establish manufacturing processes and develop the SOEC technology. The remaining €27 million (~$30.52 million) will be used by Sunfire and its eight partners to industrialize pressurized alkaline electrolyzers to the gigawatt scale. Sunfire plans to establish manufacturing processes and develop a pressurized alkaline electrolyzer to improve energy consumption and longevity.

Marine market supplier Brunswick Corporation has entered into a 57MW virtual power purchase agreement (VPPA) with US developer Vesper Energy. The VPPA will offset most of the projected electricity needs of Brunswick’s global operations. Under the multi-year agreement, Vesper will deliver an estimated 57MW of renewable energy each year to the North American grid generated by the 500 MW Hornet solar farm in Texas. Hornet is targeted to be fully operational by the end of 2023. Brunswick said the commitment would diversify its renewable energy portfolio, including on-site solar power systems at its Mercury Marine headquarters in Fond du Lac, Wisconsin, and European headquarters in Petit-Rechain, Belgium.

Solar operations and maintenance services NovaSource acquired advanced aerial inspections and site data service provider Heliolytics. Heliolytics provides aerial site inspection, site optimization, and advanced site analysis for solar farms. NovaSource said that the combination would result in a comprehensive suite of lifecycle services offered to the companies’ clients. Heliolytics claims a global experience surpassing 100 GW of capacity. It will continue as a standalone entity and keep its name, branding, and workforce. NovaSource is a portfolio company of Clairvest Group and has more than 18 GW under management.